Bill > HB5501

This bill establishes the Public University Procurement Code, which will govern how Illinois public universities purchase goods and services, effective July 1, 2026. It aims to ensure competitive bidding and economical procurement practices for all university contracts, replacing the general Illinois Procurement Code for these institutions. The new code outlines specific rules and procedures for university procurement, including provisions for various types of contracts, ethical conduct, and reporting requirements, while also detailing numerous exemptions for specific situations such as certain professional services, emergency purchases, and specific types of leases.

https://www.ilga.gov/Legislation/BillStatus?DocNum=5501&GAID=18&DocTypeID=HB&SessionID=114&GA=104